Marcus & Millichap Brokers Texas Asset

 

Marcus & Millichap advised on the following sales:

•    GuardBox Storage in Fresno, Texas, to My Place Self Storage.
•    U.S. 30 Storage in Montgomery, Illinois, to a national real estate firm.

 

 

10 Federal Makes Major Tech Hire

 

10 Federal appointed Christopher Taylor as its Chief A.I. Officer, a newly created executive position that represents the first dedicated C-suite AI role in the storage industry. Taylor joins 10 Federal from Nvidia. 

 

REITs Schedule Earnings Release

 

The public self storage REITs are gearing up to release first quarter earnings. Here is the schedule:

•    CubeSmart will host an earnings call on Friday, May 1 at 11 am EST.
•    Extra Space Storage will host an earnings call Wednesday, April 29 at 1 pm EST.
•    Public Storage will host an earnings call Tuesday, April 28 at 11 am CT.
•    SmartStop Self Storage will host an earnings call Thursday, May 7 at 12 pm EST.

 

StorageMart Reports Strong Q1

 

StorageMart and Manhattan Mini Storage in the first quarter added new facilities across New York, Missouri, New Jersey and Illinois, managed under the StorageMart and Manhattan brands, depending on regional alignment.

 

Artisan to Manage Carolina Portfolio

 

Artisan Properties will manage The Mini Storage Center portfolio of 10 properties across North and South Carolina. 

 

SkyView Manages Ohio Sale

 

SkyView Advisors arranged the sale of IncaAztec Self Storage – Berea in Cleveland, Ohio. 

 

The Storage Center Leverages SSM for Growth

 

In the last six months, The Storage Center has completed multiple store conversions, launched a new website and implemented tools to streamline operations, while leveraging Self Storage Manager. 

 

Lindsey Brokers North Carolina Sale

 

Lindsey Self Storage managed the sale of Extra Space Storage (managed) in Holly Springs, North Carolina, to a private buyer. 

 

Talonvest Handles Loan for SoCal Self Storage

 

Talonvest closed a $64 million loan for a five-property portfolio for SoCal Self Storage. 

 

Absolute to Manage North Carolina Asset

 

Absolute Storage Management will manage Roll Up Self Storage – Lake Life in Denver, North Carolina. 

 

Luxelocker Opens New Site in Arizona

 

Luxelocker opened a new facility in Goodyear, Arizona. The facility was built by Forge Building Company. 

 

Marcus & Millichap Weighs in on Houston Market

 

Marcus & Millichap published its Houston Self Storage investment forecast report. Highlights include modest job growth, population gains, new construction moderating and rent growth softening.